Peloton’s Legal Chief Rides Soaring Stock Price to Big Payday

Peloton Interactive Inc.’s rising stock price has been a big win for co-founder and chief legal officer Hisao Kushi, who received more than $7 million in total compensation in the year after the company went public.

Kushi, whose payday was disclosed in a proxy statement filed Oct. 22, began advising Peloton in 2012 when he was serving as general counsel to several companies owned by Liberty Media Corp. He became the home exercise bike company’s legal chief and corporate secretary three years later.

Kushi didn’t respond to a request for comment about his pay, which comes as Peloton’s stock price ...